Congressman Buys Up To $850K In Bitcoin In 2025: Late Disclosure, Close Trump Ties Wave Red Flags

A congressman has disclosed buying Bitcoin (CRYPTO: BTC) on four occasions in 2025, with some of the trades happening past the 45-day window, adding to the recent calls to ban members of Congress from buying and selling stocks and other investments.

What Happened: A bill that would ban members of Congress from buying stocks and options may not apply to cryptocurrency purchases, which could be good news for members who have bought Bitcoin, meme coins and Bitcoin ETFs.

Rep. Brandon Gill (R-Texas), a close ally of President Donald Trump, is the latest member of Congress to disclose buying cryptocurrency.

Gill disclosed the following Bitcoin purchases, with their transaction dates listed below:

  • Jan. 29, 2025: $100,000 to $250,000 BTC
  • Feb. 27, 2025: $100,000 to $250,000 BTC
  • May 13, 2025: $100,000 to $250,000 BTC
  • May 18, 2025: $50,000 to $100,000 BTC

In total, Gill has added between $350,000 and $850,000 in Bitcoin to his investment portfolio, with the trades tracked by Benzinga’s Government Trades page.

The big problem with the disclosure is that Gill didn’t disclose the January and February purchase until now, which is far beyond the 45-day window members of Congress have to make disclosures.

“Congressman Gill bought $850k worth of Bitcoin this year, …

Full story available on Benzinga.com